Three chasing £400m deal to turn ITV’s London studios into office complex

By Dave Rogers2022-01-31T07:00:00

South Bank proposals have drawn criticism from local groups who say it is too big for area

Three firms are understood to be in the running for a controversial scheme to knock down ITV’s historic London Studios on the South Bank and replace them with a £400m office complex with a 26-storey tower at its heart.

The plot was bought by developers Mitsubishi Estate and CO-RE for close to £150m in November 2019 with its neighbours including the IBM building, the National Theatre, both listed, and the Roupell Street conservation area.

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